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Dec 05
U.S. Marine and Shipping Industry Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies36
- 7D4.6%
- 3M7.5%
- 1Y5.8%
- YTD10.5%
Over the last 7 days, the Marine and Shipping industry has risen 4.6%, driven by gains in ZIM Integrated Shipping Services and Star Bulk Carriers of 22% and 8.4%, respectively. In the last 12 months, the industry was up 5.8%. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the U.S. Marine and Shipping Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 05 Dec 2023 | US$20.6b | US$22.3b | US$1.0b | 5x | 19.8x | 0.9x |
| Thu, 02 Nov 2023 | US$18.5b | US$24.8b | US$5.0b | 3.1x | 3.7x | 0.7x |
| Sat, 30 Sep 2023 | US$20.0b | US$24.9b | US$5.2b | 3.2x | 3.8x | 0.8x |
| Mon, 28 Aug 2023 | US$19.5b | US$25.1b | US$5.4b | 2.6x | 3.6x | 0.8x |
| Wed, 26 Jul 2023 | US$20.3b | US$27.9b | US$7.5b | 2.5x | 2.7x | 0.7x |
| Fri, 23 Jun 2023 | US$19.6b | US$27.9b | US$7.5b | 2.5x | 2.6x | 0.7x |
| Sun, 21 May 2023 | US$19.9b | US$30.2b | US$9.2b | 2.7x | 2.2x | 0.7x |
| Tue, 18 Apr 2023 | US$21.2b | US$31.0b | US$10.1b | 2.6x | 2.1x | 0.7x |
| Thu, 16 Mar 2023 | US$20.8b | US$31.4b | US$10.2b | 2.4x | 2x | 0.7x |
| Sat, 11 Feb 2023 | US$22.2b | US$33.5b | US$12.4b | 2.5x | 1.8x | 0.7x |
| Mon, 09 Jan 2023 | US$19.6b | US$33.2b | US$12.3b | 2.2x | 1.6x | 0.6x |
| Wed, 07 Dec 2022 | US$19.6b | US$33.2b | US$12.3b | 2.2x | 1.6x | 0.6x |
| Fri, 04 Nov 2022 | US$20.6b | US$32.2b | US$12.8b | 2.1x | 1.6x | 0.6x |
| Sun, 02 Oct 2022 | US$19.1b | US$32.1b | US$12.5b | 1.9x | 1.5x | 0.6x |
| Tue, 30 Aug 2022 | US$24.1b | US$32.1b | US$12.5b | 2.1x | 1.9x | 0.8x |
| Thu, 28 Jul 2022 | US$25.9b | US$29.5b | US$11.6b | 2.7x | 2.2x | 0.9x |
| Sat, 25 Jun 2022 | US$24.9b | US$29.5b | US$11.6b | 2.7x | 2.1x | 0.8x |
| Mon, 23 May 2022 | US$31.5b | US$29.2b | US$11.4b | 3.5x | 2.8x | 1.1x |
| Wed, 20 Apr 2022 | US$35.8b | US$27.3b | US$10.1b | 4.8x | 3.5x | 1.3x |
| Fri, 18 Mar 2022 | US$39.3b | US$27.4b | US$10.0b | 4.5x | 3.9x | 1.4x |
| Sun, 13 Feb 2022 | US$34.5b | US$23.3b | US$6.5b | 6.5x | 5.3x | 1.5x |
| Tue, 11 Jan 2022 | US$30.5b | US$23.1b | US$6.3b | 5.8x | 4.8x | 1.3x |
| Thu, 09 Dec 2021 | US$29.9b | US$23.1b | US$6.3b | 5.7x | 4.8x | 1.3x |
| Sat, 06 Nov 2021 | US$29.0b | US$19.8b | US$4.0b | 9.1x | 7.3x | 1.5x |
| Mon, 04 Oct 2021 | US$31.0b | US$19.0b | US$3.8b | 12.1x | 8.2x | 1.6x |
| Wed, 01 Sep 2021 | US$30.9b | US$19.4b | US$3.5b | 11.5x | 8.9x | 1.6x |
| Thu, 08 Jul 2021 | US$28.0b | US$19.4b | US$3.5b | 11.3x | 8.1x | 1.4x |
| Wed, 31 Mar 2021 | US$21.5b | US$16.5b | US$1.3b | 16.3x | 16.9x | 1.3x |
| Sat, 02 Jan 2021 | US$13.1b | US$11.3b | -US$1,477,292,013.00 | 9.9x | -8.9x | 1.2x |
Price to Earnings Ratio
-8.9x
Current Industry PE
- Investors are optimistic on the American Shipping industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.8x which is higher than its 3-year average PE of 3.7x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.92x.
Past Earnings Growth
- Total earnings for the Shipping industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 26% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Industrials industry?
| US Market | 0.87% | |
| Industrials | 2.96% | |
| Marine and Shipping | 4.58% | |
| Marine | 4.58% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZIM ZIM Integrated Shipping Services | US$8.06 | 21.6% +US$172.0m | -58.8% | PS0.2x | |
| SBLK Star Bulk Carriers | US$21.71 | 8.4% +US$157.7m | 13.5% | PE9.3x | |
| MATX Matson | US$99.47 | 3.2% +US$107.6m | 61.5% | PE11.1x | |
| GOGL Golden Ocean Group | US$9.41 | 4.4% +US$79.9m | 12.6% | PE15.3x | |
| CMRE Costamare | US$10.31 | 7.0% +US$78.9m | 12.2% | PE2.7x |
